DD, NWBI, UBNK Declare Quarterly Dividends

By Michael Aneiro

DuPont declared a first quarter common stock dividend of 41 cents per share payable March 14 to stockholders as of Feb. 15. The dividend was unchanged from what DuPont paid in the fourth quarter of 2011, and DuPont trumeted that this marked the 430th consecutive quarterly dividend since the company’s first dividend in 1904. DuPont also declared regular quarterly dividends of $1.12-1/2 per share on its $4.50 series preferred stock and 87-1/2 cents per share on the $3.50 series preferred stock, both payable April 25 to stockholders of record on April 10.

Northwest Bancshares declared a quarterly cash dividend of $0.12 per share, an increase of $0.01 per share, or 9.1%, payable on Feb. 16 to shareholders as of Feb. 2, representing the 69th consecutive quarter in which it has paid a cash dividend.

“Given our strong capital position, the Board of Directors elected to increase the dividend by $0.01 per quarter for the third consecutive year, resulting in a dividend yield of approximately 3.8%,” said William Wagner, Northwest Bancshares president and CEO, said in a statement.

United Financial Bancorp also announced a quarterly cash dividend of $0.09 per share, payable on March 2 to shareholders of record as of Feb. 9.